ToyTrain Is a Toy Company That Sells Its Products in Most

question 21

Essay

ToyTrain is a toy company that sells its products in most regions of the U.S.that produces a variety of toys for children of every age group,from toddlers to preteens.Suggest ways in which the company may organize its marketing function.Give reasons for your choice.

---

Definitions:

Marginal Tax Rate

The rate of tax applied to the last dollar of income, indicating how much of any additional income will be taken as tax.

Lump-Sum Tax

A tax that is a set amount, no matter the taxpayer's income level or economic activity.

Proportional Tax

A taxation framework where the same rate is consistently applied to everyone, with no variation based on the amount of income.

Marginal Tax Rate

The rate at which tax is charged on an additional dollar of income.